Vesting Milestone definition

Vesting Milestone means each of the 1/4 Vesting Milestone, the 1/2 Vesting Milestone, the 3/4 Vesting Milestone and the Full Vesting Milestone.
Sample 1Sample 2Sample 3
Vesting Milestone means, with respect to any Performance Share Unit, the date, event or circumstances upon which Common Shares to be received thereunder shall become deliverable to the PSU Participant of such Performance Share Unit, as evidenced in the Award Agreement.
Sample 1

Examples of Vesting Milestone in a sentence

  • Vest The Options Vest through time-based Vesting, Milestone Vesting, or a combination of both.

  • Payments will be calculated using Exhibit "D", the Vesting Milestone percentage(s) of the Project and the Implied Funding Level Formula.

  • Number of Units Vesting Milestone 150,000 The later of Trading Availability or July 15, 2015 150,000 The later of Trading Availability or July 1, 2016 150,000 The later of Trading Availability or July 1, 2017 150,000 The later of Trading Availability or July 1, 2018 150,000 The later of Trading Availability or achievement of FBIO stock price of >$5 per share or achievement of a commercial milestone determined by the Company’s Board of Directors.

  • Each back-office operation shall also meet the ‘‘back-office’’ criteria specified on the HPIP form titled ‘‘qualifying as a head- quarters or back-office operation of a national or multi-national corporation’’ and revised on 12/15/ 00, which form is hereby adopted by reference.

  • Any dispute with respect to this Warrant and the terms and conditions hereof (including the achievement of any Vesting Milestone (as defined in Exhibit A hereto)) shall be determined pursuant to the dispute resolution provisions set forth in Section 15 of the Commercial Agreement.

  • Vest The Options Vest through time-based Vesting, Milestone Vesting, or a combintation of both.

Related to Vesting Milestone

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Sales Milestone Payment is defined in Section 5.3.

  • Milestone Event has the meaning set forth in Section 8.4.

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Milestone means an event or task described in the Implementation Plan which, if applicable, must be completed by the relevant Milestone Date;

  • Development Milestone Event has the meaning set forth in Section 7.1.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Vesting Dates means, as determined by the Board or by the Committee, the date as of which the Optionee shall be entitled to exercise the Options or part of the Options, as set forth in section 11 of the ISOP.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume. “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted.

  • Performance Condition means any performance condition imposed under rule 3;

  • Vesting Event means the earliest to occur of the following events:

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

  • Target Award means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b).

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;